Alfa Financial Software (LON:ALFA) Stock Price Down 0.6% - Here's Why

Key Points

• Alfa Financial Software shares fell 0.6% to GBX 157 in mid-day trading, with volume 83% below the stock’s average daily level.
• Analysts remain bullish: four firms rate the stock a Buy, with a consensus price target of GBX 256.25 versus its current price.
• The company reported quarterly EPS of GBX 4.55, a 21.42% net margin and 53.53% return on equity; insider Chris Sullivan also sold 35,405 shares at GBX 166 each.

Alfa Financial Software Holdings PLC (LON:ALFA - Get Free Report) shares dropped 0.6% during mid-day trading on Thursday. The company traded as low as GBX 156.80 and last traded at GBX 157. Approximately 336,865 shares changed hands during trading, a decline of 83% from the average daily volume of 1,980,901 shares. The stock had previously closed at GBX 158.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Berenberg Bank restated a "buy" rating and issued a GBX 260 price objective on shares of Alfa Financial Software in a report on Thursday, September 17th. Canaccord Genuity Group restated a "buy" rating and issued a GBX 220 price target on shares of Alfa Financial Software in a report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Alfa Financial Software currently has a consensus rating of "Buy" and an average target price of GBX 256.25.

Alfa Financial Software Stock Down 0.6%

The business has a 50 day moving average of GBX 161.04 and a two-hundred day moving average of GBX 157.64. The stock has a market capitalization of £467.16 million, a PE ratio of 16.81, a PEG ratio of 4.19 and a beta of 0.23. The company has a debt-to-equity ratio of 17.37, a quick ratio of 1.37 and a current ratio of 1.77.

Alfa Financial Software (LON:ALFA - Get Free Report) last announced its earnings results on Thursday, September 3rd. The company reported GBX 4.55 EPS for the quarter. Alfa Financial Software had a net margin of 21.42% and a return on equity of 53.53%. Analysts predict that Alfa Financial Software Holdings PLC will post 8.7583445 EPS for the current year.

Insider Activity at Alfa Financial Software

In related news, insider Chris Sullivan sold 35,405 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of GBX 166, for a total transaction of £58,772.30. 54.97% of the stock is currently owned by company insiders.

Alfa Financial Software Company Profile

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully. Alfa Systems, our class-leading SaaS platform, is at the heart of the world's largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience. With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.

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